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The sovereign is focusing on price, not size
Takeover will increase the Hungarian bank's total assets by around 13%
ESG issuance will not disappear and some of the decline is due to market volatility
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Asia’s sustainability-linked loan market has expanded further with a real estate investment trust raising funds linked to the global real estate sustainability benchmark (GRESB), a first for the region.
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Martín Guzmán, Argentina’s finance minister, said on Friday afternoon that the country was “ready to intensify interaction” with international bondholders ahead of a debt restructuring. But with authorities set to announce further spending to protect its people from the economic impact of Covid-19, the IMF echoed the government’s view that a fiscal surplus was unfeasible in the short term.
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In this round-up, countries around the world have confirmed 14,641 deaths from Covid-19 infections, the coronavirus epicentre of Wuhan is gradually loosening its lockdown, and the New Development Bank is giving China its largest loan.
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Barclays has named Carrie Chen as vice chairman of Greater China banking and Sung-Min Chung as head of technology in banking for Asia Pacific.
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In this round-up, Europe has now seen more Covid-19 infections than China and Italy more fatalities than the Mainland, the central bank has decided not to lower the loan prime rate (LPR), and Beijing has banned reporters from three US newspapers.
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Goldman Sachs announced on Thursday that an employee in its investment banking division in Hong Kong had been identified as a "highly probable case" of the Covid-19 coronavirus.
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa